Property

West New York, NJ 07093 516 51St St

Pending
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Presented By: EXP REALTY LLC - 866-201-6210
  • MLS# 250007472
  • 04/16/2025
  • Request Tour
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  • Beds • 4
  • Baths • 3

Home Details

Potential 7% Cap. Solid investment opportunity for both end-user and investor in a high-demand location near the Light Rail station. This mixed-use property features two commercial spaces—one currently leased to a licensed psychologist (1100 Sq Ft), and the second, a clean and versatile space ideal for professional or medical office use (500 Sq Ft). The property also includes two rented residential units: a 1BR apartment above the doctor's office, and a detached 3BR unit located at the rear of the lot. Strong rental demand and potential for a 6.5% cap rate make this a compelling addition to any investment portfolio and especially if you have a practice and want to live on site. All newer and separate utilities. Central AC/Heat. This property is a well-oiled machine.
Presented By: EXP REALTY LLC - 866-201-6210

Interior Features for 516 51St St

Bedrooms

Floor 3 Bedrooms1
Floor 4 Bedrooms3

Bathrooms

Floor 3 Full Baths1
Floor 4 Full Baths2
Half Baths
Total Full Baths3

Kitchen

Floor 3 Kitchens1
Floor 4 Kitchens1
Total Kitchens2

Other Interior Features

Floor 1 Rent$2, 500
Floor 2 Rent*$1, 250
Floor 3 Rent$1, 200
Floor 4 Other2
Floor 4 Rent$1, 800
BasementUnfinished, Walk-Out
Heating/CoolingA/C Central, Hot Air, Baseboard, Gas

Other Rooms

Fl1 Rooms0
Fl2 Rooms0
Fl3 Rooms3
Fl4 Rooms6
Floor 3 Living Rooms1
Floor 4 Dining Rooms1
Floor 4 Living Rooms1
Total Dining Rooms1
Total Living Rooms2
Total Other Rooms2

General for 516 51St St

Associated Document Count3
Bathrooms3
Block108
CityWest New York
Class3-4 FAMILY
CountyHudson
DOM19
Insurance Expense6000
Postal Code07093
Primary CityWest New York
Sale/RentFor Sale
StatusUnder Contract
Status Detail1
SubdivisionNJ
Tax Year2024
Taxes$13,825
Type4 Family
Utility Expense139
Water Sewer Expense2808

Exterior for 516 51St St

Building StyleMulti-Level
Exterior FinishBrick
Lot29
Lot Dimensions25 X 112
Parking availableNone

Additional Details

Price History

William Hernandez

Associate
Price $825,000
MLS#250007472
List Date 04/16/2025
Property Type Pending
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